The Real Deal New York

Several NYC resi brokerages collaborating on new data platform

NYC Buyer Graph won't be consumer-facing
September 20, 2018 10:15AM

(Credit: iStock)

Some of the city’s most prominent brokerages are teaming up to use a new data platform.

The group is leading the launch of NYC Buyer Graph, a tool that gives buyers, sellers and agents exclusive data to collaborate on deals, Inman reported. The platform was started by real estate technology company RealScout.

The platform’s seven initial partners are Brown Harris Stevens, Douglas Elliman, Halstead, Bond Real Estate, Engel & Völkers, Stribling & Associates, and Warburg Realty.

The more brokers sign on, the better a tool it is, RealScout said. The collaboration will give agents access to the group’s technology, network and home buyer demand data. Buyers and sellers will only be able to access the information through brokers because the platform won’t be consumer facing.

The platform is live in more than 100 markets, the report said.

San Francisco-based RealScout aims to provide brokerages with buyer data to better match buyers and sellers. Earlier this year, Bess Freedman, co-president of BHS, said she was impressed with the startup and looking forward to “doing something with them in 2018.” [Inman] — Meenal Vamburkar